Debt Issuance (Notes)

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Debt Issuance

Debt Issuance

On May 3, 2019, the Corporation issued $500 million of 3.15% senior notes, due May 3, 2029. The senior notes will bear interest from the date they were issued at an annual rate of 3.15%, payable semi-annually in arrears. The senior notes are unsecured and may be redeemed, in whole or in part, on or after February 3, 2029, at a redemption price equal to 100% of the principal amount of the senior notes to be redeemed plus accrued and unpaid interest to, but excluding, the redemption date.